Gloster Expects to Pay Dividend From 2026

Innovation

Photo by Korrektor10/Wikimedia Commons

Listed IT company Gloster projected a marked increase in turnover in the coming years, supported by organic growth on foreign markets, in an investor presentation on Tuesday, according to a report by state news wire MTI.

Gloster expects revenue to climb to HUF 15.6 billion in 2026 from an estimated HUF 10.2 bln in 2023.

Acquisitions made in recent years have established the capacities for organic growth on international markets, Gloster said.

Gloster expects EBITDA to rise from an estimated HUF 885 mln-940 mln in 2023 to HUF 3.1 bln in 2026.

The company said it could pay a dividend of around HUF 400 mln per year from 2026.

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